Cashfusion Use Increased by 328%, $200M in BCH Fused and Close to 20,000 Fusions
Cashfusion, the privacy-enhancing solution for the Bitcoin Cash network is nearing its one-year anniversary and during the last four months, fusions have increased by 328.93%. The protocol recently completed a security audit and fusions are nearing 20k with close to $200 million worth of bitcoin cash fused to-date. On November 28, 2020, the Cashfusion protocol for the Bitcoin Cash (BCH) network will celebrate a milestone of one year operating so far. At the time of publication, stats from the web portal stats.devzero.be/#/fusion shows approximately 19,658 fusions have been processed since....
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While some crypto users have been leveraging privacy-centric digital assets like monero, others still use mixing protocols that shuffle unspent transaction outputs (UTXOs) from coins like bitcoin, ethereum, and bitcoin cash. Participants using the Bitcoin Cash network utilize applications like Cashshuffle and Cashfusion. Since Cashfusion was introduced in November 2019, there’s been 67,845 fusions or $5.9 billion worth of bitcoin cash that’s been fused. Cashshuffle Still Gets Use With 65K Shuffles Since 2019 During the bull run of 2021, Bitcoin Cash network users are using....
While blockchain monitoring has increased a great deal during the last few years, cryptocurrency mixers have seen significant use from those who don’t want their financial transactions tracked. Meanwhile, two mixing applications, Tornado.cash and Cashfusion, have helped crypto owners make their ethereum and bitcoin cash less traceable. The two applications combined recorded more than $8 billion in crypto transactions that have been purposely obfuscated.
Over $4.8 Billion in Ethereum Processed via Tornado.cash
Digital currency privacy is a big deal to a lot of people. To....
Foresight Ventures launches 200m Foresight Secondary Fund I to invest in private round crypto assets that are looking to access liquidity during current volatile market conditions. The fund is launched with Bitget Exchange as the largest single LP. Current market conditions have not diminished our long-term outlook on the development of the crypto market, we want to cooperate with investors and projects to help improve liquidity and price discovery during these uncertain periods. This fund aims to purchase unvested tokens, SAFTs and other illiquid forms of investments that are looking for....
VR (Virtual Reality) is no longer the stuff of gaming and other forms of entertainment. It is also now used in more serious things, like saving lives. Thanks to the use of high-tech headgear and advanced software – for the first time ever – surgeons from different countries worked tirelessly together in a “virtual reality operating room.” Their […]
Seedcoin startups show off their at progress at Inside Bitcoins. Seedcoin-incubated startups announced a bundle of upgrades at the latest Inside Bitcoins conference in Hong Kong. Seedcoin is a bitcoin startup incubator, meaning it lifts up a variety of promising companies in the cryptocurrency space. It announced the selection of round 1 startups it decided to fund earlier this year. They include BTC.sx, Hive, and mexBT, who aimed to impress at the latest major bitcoin get-together. Seedcoin may be making good on its first round of investment. Hive Launches Web Wallet. Hive, the wallet....